Vodafone, a popular telecoms group from the UK, has recently announced that it is joining hands with Samsung electronics to avail 5G network equipment in the UK. The latest collaboration with help the South Korean manufacturer to enter Europe’s telecom market. Mobile operators from Europe are keen on Samsung entering the market because they want it to replace Huawei as the supplier. As of now, the financial terms of the agreement was not made public. Citing security risks, Britain has ordered all 5G equipment supplied by Huawei to be removed by the end of 2027. This move comes as an echo of the campaign led by the US.
A senior executive from Samsung has revealed that the company is rooting for Europe to propel its growth in the network equipment segment. Richard Webb from CCS Insight has stated that the South Korean company has a long way to go in order to overtake Nokia and Ericsson when it comes to the 5G RAN portfolio, but the company is a worthy competitor. Currently, the European telecom sector is dominated by Ericsson, Huawei, and Nokia, but Samsung has made a grand entry into the market following the deal made with Verizon last year. Various operators are also positive about the latest developments.